| John and Eliza JelleyHomes for Old | John and Eliza JelleyHomes for Old | ople |
|---|---|---|
| Reference and Administrative Det | Is | |
| Trustees | CN Cullen | |
| G Fisher | ||
| JF Fisher | ||
| JHealey | ||
| J Olpin | ||
| C J Powell | ||
| CharityRegistrationNumber | 225852 | |
| PrincipalOffice | PO Box 11228 | |
| Nottingham | ||
| NG14 6YY | ||
| Independent Examiner | RWB CA Limited | |
| NorthgateHouse | ||
| North Gate | ||
| New Basford | ||
| Nottingham | ||
| NG77BQ | ||
| Solicitors | Freeths LLP | |
| Cumberland Court | ||
| 80Mount Street | ||
| Nottingham | ||
| NGI 6HH |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | 2022 | |||
| Note | ||||
| Income and Endowments from: | ||||
| Donations and legacies | 2 | 70 | 70 | |
| Charitable activities | 3 | 114,315 | 114,315 | |
| Investment income | 4 | 6,792 | 6,792 | |
| Total income | 121,177 | 121,177 | ||
| Expenditure on: | ||||
| Charitable activities | 5 | (79,920) | (79,920) | |
| Otherexpenditure | 6 | (17,583) | (17,583) | |
| Total expenditure | (97,503) | (97,503) | ||
| Gains/losses on investnent assets | (4,203) | (4,203) | ||
| Net income | 19,471 | 19,471 | ||
| Net movement in funds | 19,471 | 19,471 | ||
| Reconciliation of funds | ||||
| Total funds brought forward | ||||
| Total funds carriedforward | 16 | |||
| Unrestricted | Total | |||
| funds | 2021 | |||
| Note | ||||
| Income and Endowments from: | ||||
| Donations and legacies | 2 | 500 | 500 | |
| Charitable activities | 3 | 103,845 | 103;845 | |
| Investmentincome | 4 | 8,253 | 8,253 | |
| Total income | 112,598 | 112,598 | ||
| Expenditure on: | ||||
| Charitable activities | 5 | (67,344) | (67,344) | |
| Other expenditure | 6 | (21,454) | (21,454) | |
| Totalexpenditure | (88,798) | (88,798) | ||
| Gains/losses on investmentassets | 23,416 | 23,416 | ||
| Netincome | 47,216 | 47,216 | ||
| Netmovement in funds | 47,216 | 47,216 | ||
| Reconciliationof funds | ||||
| Total funds brought forward | ||||
| Total fimds carried forward | 16 | |||
| All ofthe Charity's activities derive | om continuing operations | duringthe | above two periods. | |
| The notes on page | 8 to 20 form an integral partofthese | financial statements. | ||
| Page 6 |
| 2022 | 2021 | ||
|---|---|---|---|
| Note | |||
| Fixed assets | |||
| Investments | 11 | 1,088,452 | |
| Current assets | |||
| Debtors | 12 | 7,762 | 3,773 |
| Cash at bank and in hand | 13 | 58,113 | 57,098 |
| 65,875 | 60,871 | ||
| Creditors: Amounts falling duewithin one year | 14 | 3,479 | (4,854) |
| Net current assets | 62,396 | 56,017 | |
| Net assets | |||
| Funds oftheCharity: | |||
| Unrestrictedincome funds | |||
| Unrestricted funds | |||
| Total funds | 16 | 1,150,848 |
| John | nd Eliza JelleyHomes for Old People | |
|---|---|---|
| Notes to the Financi | I Statements for the YearEnded 31 December 2022 | |
| 1 Accounting policies |
||
| Statement ofcompliance | ||
| The financial statements have been | repared in accordance with the second editionofthe Charities Statement of | |
| Recommended Practice issued in | ctober 2019, the Financial Reporting Standard applicable in |
the United |
| Kingdom and Republic of Ireland ( | RS 102) and the Charities Act 2011. | |
| Basis of preparation | ||
| John and Eliza Jelley Homes for O | People meets the definition of a public benefit entity under FRS 102. The | |
| accounts (financial statements) hav | been prepared underthe historical cost conventionwith items recognised at | |
| cost or transaction value unless 0th | •sestated in the relevant note(s) to these accounts. | |
| Going concern | ||
| The trustees consider that there are | no material uncertainties about the Charity's ability to continue | as a going |
| concern. | ||
| Income and endowments | ||
| Residents' contributions are accou | ed for on a accruals basis, when it is probable that the income will be | |
| received. | ||
| Donations and legacies | ||
| Donations and legacies are recogni | ed on a receivable basis when receipt is probable and the amount can be | |
| reliably measured. | ||
| Investment income | ||
| Interest on funds held on deposit is | included when receivable and the amount can be measured reliably by the | |
| Charity; this is normally uponnoti | ation ofthe interest paid or payable by the bank.Dividends are | recognised |
| once the dividend has been declared | d notification has been received ofthe dividend due. |
| Provisionof almshouses |
|---|
| Total for 2022 |
| Total for 2021 |
| 4 Investment income |
| Unrestricted | |
|---|---|
| funds | Total |
| General | funds |
| 114,315 | 114,315 |
| 114,315 | 114,315 |
| 103,845 | 103,845 |
| Unrestricted | funds | Total | ||
|---|---|---|---|---|
| Designated | General | funds | ||
| Income from dividends; | ||||
| Dividends receivable from other I | ted investments | 4,946 | 1,731 | 6,677 |
| Interest receivable and similar inco | e; | |||
| Interestreceivable onbank depos | s | 115 | 115 | |
| Total for 2022 | 4,946 | 1,846 | 6,792 | |
| Total for 2021 | 6,616 | 1,637 | 8,253 |
| 5 Expenditure on charitable acti •ties |
|||
|---|---|---|---|
| Unrestricted | funds | Total | |
| Designated | General | funds | |
| Repairs and renewals | 26,124 | 26,124 | |
| Water rates | 2,712 | 2,712 | |
| Insurance | 1,796 | 1,796 | |
| Garden maintenance | 3,855 | 3,855 | |
| Electricity less recoveries | 2,038 | 2,038 | |
| Lifeline scheme | 2,500 | 2,500 | |
| Property repairs | 39,439 | 39,439 | |
| Subscriptions | 549 | 549 | |
| Professional fees | 600 | 600 | |
| Travel and subsistance | 287 | 287 | |
| Charitable donations | 20 | 20 | |
| Total for 2022 | 39,439 | 40,481 | 79,920 |
| Total for 2021 | 33,472 | 33,872 | 67,344 |
| Unrestri | d funds | Total | ||
|---|---|---|---|---|
| Designated | General | 2021 | ||
| Repairs and renewals | 19,915 | 19,915 | ||
| Waterrates | 4,749 | 4,749 | ||
| Insurance | 2,055 | 2,055 | ||
| Garden maintenance | 4,111 | 4,111 | ||
| Electricity less recoveries | 250 | 250 | ||
| Lifeline scheme | 2,089 | 2,089 | ||
| Expenses during modernisation of flats | 703 | 703 | ||
| Upgrade Flat 14 | 1,655 | 1,655 | ||
| Upgrade Flat 6A | 17,822 | 17,822 | ||
| Exterior Painting | 8,432 | 8,432 | ||
| WetroomHouse 16 | 3,069 | 3,069 | ||
| Stairlift House 8 | 2,494 | 2,494 | ||
| 33,472 | 33,872 | 67,344 | ||
| Total | ||||
| expenditure | ||||
| 6 Other expenditure |
||||
| Unrestricted | ||||
| funds | Total | Total | ||
| General | 2022 | 2021 | ||
| Note | ||||
| Staff costs | ||||
| Wages and salaries | 14,800 | 14,800 | 15,225 | |
| Pension costs | 784 | 784 | 724 | |
| Otherresources expended | 1,279 | 1,279 | 4,233 | |
| 16,863 | 16,863 | 20,182 |
| Notes to the Financial Sta | ments for the YearEnded31 | December | 2022 | (continued) |
|---|---|---|---|---|
| 8 Staff costs |
||||
| The aggregate payroll costswere as | ollows: | |||
| 2022 | 2021 | |||
| Staff costs duringthe year were: | ||||
| Wages and salaries | 14,800 | 15,225 | ||
| Pension costs | 784 | 724 | ||
| 15,584 | 15,949 | |||
| The monthly average number of p | rsons (including senior management | / leadership | team) | employed by the |
| Charityduring the year expressed as | full time equivalents was as follows: |
| The monthly average number of p Charityduring the year expressed as |
rsons (including senior management / full time equivalents was as follows: |
leadership team) e | mployed by th |
|---|---|---|---|
| 2022 | 2021 | ||
| No | No | ||
| Vistior and Clerk's fee | 1 | 1 | |
| No employee received emoluments | fmore than E60,OOO duringthe year | ||
| 9 Independent examiner's remu |
ration | ||
| 2022 | 2021 | ||
| Examination ofthe financialstatem | ts | 720 | 1,272 |
| IO Taxation | |||
| The Charity is a registered charity | is therefore exempt from taxation. | ||
| 11 Fixed assetinvestments | |||
| 2022 | 2021 | ||
| Investmentproperties | 800,000 | 800,000 | |
| Other investments | 288,452 | 275,360 |
| Investment properties | |
|---|---|
| Investment | |
| properties | |
| CostorValuation | |
| At I January2022 | 800,000 |
| Provision | |
| At 31 December 2022 | |
| Net book value | |
| At 31 December 2022 | 800,000 |
| At 31 December 2021 | 800,000 |
| Other investments | ||
|---|---|---|
| Listed | ||
| investments | Total | |
| CostorValuation | ||
| At I January 2022 | 275,360 | 275,360 |
| Revaluation | (4,203) | (4,203) |
| Additions | 17,295 | 17,295 |
| At31 December 2022 | 288,452 | 288,452 |
| Net book value | ||
| At31 December 2022 | 288,452 | 288,452 |
| At31 December2021 | 275,360 | 275,360 |
| 12 Debtors | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Prepayments | 6,436 | 3,773 | |
| Other debtors | 1,326 | ||
| 7,762 | 3,773 | ||
| 13 Cash and cash equivalents | |||
| 2022 | 2021 | ||
| Cash atbank | 58,113 | 57,098 | |
| 14 Creditors: amounts fallingdue | •thin oneyear | ||
| 2022 | 2021 | ||
| Trade creditors | 1,199 | ||
| Other taxation and social security | 747 | ||
| Other creditors | 65 | ||
| Accruals | 2,280 | ||
| 3,479 | 4,854 |
| John and Eliza Jelley Homes for Old | eople | |||
|---|---|---|---|---|
| Notes | to | the | Financial Statementsfor the YearEnded 31 | ecember 2022 (continued) |
| Other | Balance at 31 | ||||
|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | recognised | December | |
| January 2022 | resources | expended | gains/(losses) | 2022 | |
| Unrestricted funds | |||||
| General | |||||
| General Fund | 188,797 | 116,232 | (58,064) | (1,405) | 245,560 |
| Designated | |||||
| Cyclical Maintenance Fund ExtraordinaryRepair Fund |
72,152 70,428 |
4,945 | (16,075) (23,364) |
(2,798) | 56,077 49,211 |
| PropertyRevaluation Fund | 800,000 | 800,000 | |||
| 942,580 | 4,945 | (39,439) | (2,798) | 905,288 | |
| Total funds | 1,131,377 | 121,177 | (97,503) | (4,203) |
| Notes to th | e Financial Statementsfor | theYearEnde | d 31 December | 022 (continue | d) | |
|---|---|---|---|---|---|---|
| Other | Balance at 31 | |||||
| Balance at I January2021 |
Incoming resources |
Resources expended |
Transfers | recognised gains/(losses) |
December 2021 |
|
| Unrestricted funds | ||||||
| General | ||||||
| General Fund | 184,417 | 105,982 | (55,326) | (50,000) | 3,724 | 188,797 |
| Designated Cyclical Maintenance Fund |
36,147 | (13,995) | 50,000 | 72,152 | ||
| ExtraordinaryRepairFund PropertyRevaluation Fund |
63,597 800,000 |
6,616 | (19,477) | 19,692 | 70,428 800,000 |
|
| 899,744 | 6,616 | (33,472) | 50,000 | 19,692 | 942,580 | |
| Total funds | 1,084,161 | 112,598 | (88,798) | 23,416 | 1,131,377 |
| 17 Analysis ofnet assets between fu | ds | |||
|---|---|---|---|---|
| Total funds at | ||||
| Unrestricted | funds | 31 December | ||
| General | Designated | 2022 | ||
| Fixed asset investments | 43,681 | 1,044,771 | ||
| Current assets | 205,358 | (139,483) | 65,875 | |
| Current liabilities | (3,479) | (3,479) | ||
| Total net assets | 245,560 | 905,288 | ||
| Totalfunds at | ||||
| Unrestricted | funds | 31 December | ||
| General | Designated | 2021 | ||
| Fixed asset investments | 45,086 | |||
| Current assets | 148,565 | (87,694) | 60,871 | |
| Current liabilities | (4,854) | (4,854) | ||
| Total net assets | 188,797 | 942,580 | 1,131,377 |